Apple's Mixed-Reality Headset May Be Delayed Until 2023

Apple's launch of its first mixed reality headset, initially expected mid-summer, is delayed to 2023 due to development issues. The headset, an AR and VR device, marks Apple's first new product category since the Apple Watch in 2015. Challenges with camera technology, software, and overheating have pushed the introduction from June 2022 to late 2022, with market availability in 2023. The delay has affected investor sentiment, causing a temporary dip in Apple's stock. Despite the setback, the product is anticipated to be a significant addition to Apple's lineup, with developers, consumers, and investors eagerly awaiting its release.

What is the expected timeline for the product to hit the shelves?

How have investors reacted to the news of the delay?